Dorset

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Dorset when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Dorset when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Dorset when compared to any previous Q4.
  • December 2014 saw a new record in company registrations in Dorset when compared to any previous December.
  • November 2014 saw a new record in company registrations in Dorset when compared to any previous November.
  • The second half of 2014 saw a new record in company closures in Dorset when compared to any previous second half year.
  • December 2014 saw a new record in company closures in Dorset when compared to any previous December.
  • November 2014 saw a new record in company closures in Dorset when compared to any previous November.

Contents

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. Annual Data (2014)

    2014 was a record year for company registrations in Dorset when compared to any year in history.

    A total of 6,444 companies were formed in Dorset in 2014. This total is 4.7% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearDorsetUK
    20146,444582,051
    20136,156529,363
    20125,624491,893
    20115,033452,870
    20104,704400,358
    Record Year2014 (6,444)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Dorset when compared to any previous second half year.

    In the second half of 2014 a total of 3,143 companies were formed in Dorset. This figure is 3.0% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Dorset occurred in 2014 when a total of 3,143 were formed.

    Half Year (Jul-Dec)DorsetUK
    20143,143281,320
    20133,051259,931
    % change3.0%8.2%
    Record Year2014 (3,143)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Dorset when compared to any previous Q4.

    A total of 1,528 companies were registered in Dorset during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 0.9% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)DorsetUK
    20141,528137,906
    20131,515127,247
    % change0.9%8.4%
    Record Year 2014 (1,528) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company registrations in Dorset when compared to any previous December.

    November 2014 saw a new record in company registrations in Dorset when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014569526433
    New companies in 2013592502421
    % change-3.9%4.8%2.9%
    Record Year2013 (592)2014 (526)2014 (433)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 3,871 companies were dissolved in Dorset in 2014. This total is 16.2% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearDorsetUK
    20143,871367,937
    20133,331332,213
    20122,957293,729
    20113,084314,524
    20103,714342,233
    Record Year2009 (4,418)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Dorset when compared to any previous second half year.

    In the second half of 2014 a total of 2,044 companies were dissolved in Dorset. This figure is 14.4% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Dorset occurred in 2014 when a total of 2,044 were closed.

    Half Year (Jul-Dec)DorsetUK
    20142,044190,730
    20131,786177,021
    % change14.4%7.7%
    Record Year2014 (2,044)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 984 companies were dissolved in Dorset during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 11.3% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)DorsetUK
    201498489,060
    201388490,851
    % change11.3%-2.0%
    Record Year 2014 (984) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Dorset when compared to any previous December.

    November 2014 saw a new record in company closures in Dorset when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014287321376
    Closed companies in 2013365230289
    % change-21.4%39.6%30%
    Record Year2013 (365)2014 (321)2014 (376)

Net Company Growth

  1. Annual Data (2014)

    A total of 2,573 companies were added to the company register for Dorset in 2014. This number represents growth of 39.9% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 252 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2013 when the Dorset company register grew by 2,825 companies.

    YearDorsetUK
    20142,573214,114
    20132,825197,150
    20122,667198,164
    20111,949138,346
    201099058,125
    Record Year2013 (2,825)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Dorset increased by 1,099 companies.

    Half Year (Jul-Dec)DorsetUK
    20141,09990,590
    20131,26582,910
    Record Year2003 (1,457)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Dorset during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 544 companies.

    fourth quarter (Oct 2014 - Dec 2014)DorsetUK
    201454448,846
    201363136,396
    Record Year 2012 (695) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201428220557
    Net growth in 2013227272132
    Record Year2003 (337)2013 (272)2012 (280)

UK Company Share

  1. Annual Data (2014)

    In 2014 Dorset formed 1.1% of all UK companies. This is a decline on 2013 when Dorset was responsible for 1.2% of all UK companies.

    YearDorset
    20141.1%
    20131.2%
    20121.1%
    20111.1%
    20101.2%
    Record Year (since 1960)2002 (1.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Dorset formed 1.1% of all UK companies. This is less than the 2013 figure of 1.2%.

    Half Year (Jul-Dec)Dorset
    20141.1%
    20131.2%
    20121.1%
    20111.1%
    20101.1%
    Record Year (since 1960) 2002 (1.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Dorset formed 1.1% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Dorset
    20141.1%
    20131.2%
    20121.1%
    20111.0%
    20101.1%
    Record Year (since 1960) 2002 (1.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20141.1%1.2%1.1%
    UK formation share in 20131.2%1.2%1.2%
    % change-8.6%-0.5%-12.0%
    Record Year2000 (1.5%)2002 (1.4%)1990 (1.6%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 45.4.

    The percentage of directors under the age of 25 was 6.7% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 45.3.

    The percentage of directors under the age of 25 was 6.6% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 45.6.

    The percentage of directors under the age of 25 was 6.8% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Dorset was 1991 when 36.0% of all directors were female.

    The percentage of female directors in Dorset in 2014 was 28.7%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Dorset was 2006 when 35.0% of all directors were female.

    29.4% of all director appointments in Dorset in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Dorset was in 2006 when 36.4% of all directors were female.

    30.2% of all director appointments in Dorset in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2013-Dec 2014)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    CONSULTING3.96%CONSULTING5.22%
    CONSULTANCY3.06%MANAGEMENT4.58%
    MANAGEMENT2.65%CONSULTANCY3.57%
    IT1.28%PROPERTY2.66%
    DORSET1.21%CONSTRUCTION2.12%
    PROPERTY1.13%ENGINEERING2.10%
    DESIGN1.06%CARE2.02%
    CONSTRUCTION1.04%TRADING1.94%
    ENGINEERING1.04%LONDON1.93%
    DEVELOPMENTS0.89%TRANSPORT1.93%
    J0.83%DESIGN1.66%
    PROJECT0.76%CONSULTANTS1.64%
    CONSULTANTS0.74%ELECTRICAL1.62%
    BOURNEMOUTH0.69%PROPERTIES1.62%
    ASSOCIATES0.65%BUSINESS1.56%
    ELECTRICAL0.65%J1.54%
    CARE0.65%CO.,1.50%
    PROPERTIES0.58%GLOBAL1.49%
    BUSINESS0.57%INVESTMENTS1.48%
    ENTERPRISES0.57%ASSOCIATES1.47%
    SOUTH0.57%DEVELOPMENTS1.35%
    HOUSE0.51%MEDIA1.33%
    SYSTEMS0.51%IT1.31%
    TRADING0.50%BUILDING1.29%
    M0.50%M1.22%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied2,344265,608
    63990 - Other information service activities not elsewhere classified1,0356,157
    96090 - Other service activities not elsewhere classified58129,009
    99999 - Dormant Company52348,509
    62020 - Information technology consultancy activities51130,178
    70229 - Management consultancy activities other than financial management44542,290
    82990 - Other business support service activities not elsewhere classified40158,068
    62090 - Other information technology service activities18512,837
    74909 - Other professional, scientific and technical activities not elsewhere classified17619,049
    41100 - Development of building projects15811,397
    43220 - Plumbing, heat and air-conditioning installation1325,189
    47910 - Retail sale via mail order houses or via Internet12610,107
    41202 - Construction of domestic buildings1257,559
    98000 - Residents property management1145,255
    68209 - Other letting and operating of own or leased real estate11311,212
    86900 - Other human health activities11112,976
    74990 - Non-trading company10913,984
    56101 - Licensed restaurants1018,782
    43999 - Other specialised construction activities not elsewhere classified968,761
    43210 - Electrical installation865,985

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09312978 REDWHITE CREATIVE LIMITED 17 Nov 2014
    09317455 KITS MEDICAL SERVICES LIMITED 18 Nov 2014
    09317818 SOUTH COAST INVESTMENTS LTD 19 Nov 2014
    09312181 KELVIN HOUSE FREEHOLD LIMITED 14 Nov 2014
    09295003 DIRECTORS CUT BARBERS LTD 04 Nov 2014
    09323115 PROJECT RESOURCE CONSULTANCY LIMITED 21 Nov 2014
    09308911 IMED CONSULTING LIMITED 13 Nov 2014
    09308888 HUMAN CENTRIC LIMITED 13 Nov 2014
    09296385 MALACHITE BUSINESS SOLUTIONS LIMITED 05 Nov 2014
    09302957 EKM MANAGEMENT LIMITED 10 Nov 2014
    09309090 RF DESIGN SOLUTIONS LTD 13 Nov 2014
    09313410 JOHN MALONE CONSULTING LIMITED 17 Nov 2014
    09313844 SHOOTING STAR TECHNOLOGIES LTD 17 Nov 2014
    09316509 VESTALIS LTD 18 Nov 2014
    09319718 LOUMA LIMITED 20 Nov 2014
    09325986 RAW VISUAL EFFECTS LIMITED 25 Nov 2014
    09326955 X-PRO TECHNOLOGIES LIMITED 25 Nov 2014
    09328122 ESTELLE E CONSULT LIMITED 26 Nov 2014
    09328424 COSSOLAT LIMITED 26 Nov 2014
    09330095 SELLCIOUS LTD 27 Nov 2014
    09293204 DUALMODE DIGITAL LTD 03 Nov 2014
    09298482 INTELLIGENT HEATING SYSTEM LIMITED 06 Nov 2014
    09306090 COVENA CONSULTANCY LTD 11 Nov 2014
    09311660 SPECTRUM ANALYTICAL LABORATORIES LIMITED 14 Nov 2014
    09316658 RENIER ENTERPRISES LTD 18 Nov 2014